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Evening Standard
Evening Standard
World
Jonathan Prynn and Bill McLoughlin

Average five-year fixed mortgage rate goes above 6% for first time since 2010

Moneyfacts

(Picture: PA Archive)

The average interest rate on a five year fixed mortgage smashed through six per cent for the first time since 2010 on Thursday in the latest blow for homeowners.

The symbolic breaching of the six per cent landmark came as the fallout from Kwasi Kwarteng’s botched mini-Budget continued to reverberate through the economy.

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